SBI PPF Calculator

What Is SBI PPF Account?

An SBI PPF account is a long-term, government-backed savings scheme offered by the State Bank of India. It allows individuals to invest between ₹500 and ₹1.5 lakh per year for a tenure of 15 years, earning tax-free interest (currently around 7.1%) compounded annually. The account offers full tax benefits under Section 80C, making it a safe and effective option for building retirement savings or long-term wealth.

How Can SBI PPF Calculator Help You?

The SBI PPF interest rate calculator provides an easy-to-use and user-friendly interface. The SBI PPF calculator displays the exact estimations using variables such as the investment amount, the tenure, and the interest rate. 

Once a user enters the requisite information, the SBI PPF calculator calculates the maturity value using the PPF formula. The interest that is added to the principal amount each year is also taken into consideration. The composition of the investment is generated, highlighting the maturity value, which is the total amount invested and the interest earned throughout the investment tenure of a minimum of 15 years.

How To Use SBI PPF Calculator?

You can follow the easy steps mentioned below to use the SBI PPF calculator and calculate expected returns from post office PPF investments accurately:

• Select the frequency of your investment
• Enter the monthly PPF investment
• Select the desired investment duration

Once you enter all the above details, our calculator will automatically show the maturity amount. 

Formula For SBI PPF Calculator

To determine the estimated value of a PPF investment at maturity, the following formula is applied:

M = P [({(1+i) ^n}-1)/i]

Where,

• M=the maturity value of the PPF
• P=yearly instalments
• i= the interest rate
• n=the duration in years

Example Of SBI PPF Calculator

An individual can invest a maximum of up to 1.5 lakh per financial year in a post office PPF account. In case an investor invests Rs 1.5 lakh a year at a 7.1% interest rate, the contribution during that period will be:

Initial Investment Period: 15 Years

• Annual Investment: ₹1,50,000
• Interest Rate (Compounded Annually): 7.1%
• Duration: 15 years

Total Investment = ₹1,50,000 × 15 = ₹22,50,000

Interest Earned ≈ ₹18,18,209

Maturity Amount after 15 years:
₹22,50,000 + ₹18,18,209 = ₹40,68,209

First Extension: Additional 5 Years

Additional Investment = ₹1,50,000 × 5 = ₹7,50,000

Total Investment Till Year 20 = ₹22,50,000 + ₹7,50,000 = ₹30,00,000

 ₹30,00,000 + ₹36,58,288 = ₹66,58,288

Second Extension: Additional 5 Years

Additional Investment = ₹1,50,000 × 5 = ₹7,50,000

Total Investment Till Year 25 = ₹30,00,000 + ₹7,50,000 = ₹37,50,000

Total Interest Till Year 25 ≈ ₹65,58,015

Final Maturity Value after 25 Years = ₹37,50,000 + ₹65,58,015 = ₹1,03,08,015

SBI PPF Interest Rate 2025

The interest on PPF  is calculated based on the minimum balance in an investor’s account, usually between the fifth and end of the month. The Central Government revises the PPF interest rate every quarter. Over the past few years, the return has been experiencing a dip. The current SBI PPF interest rate is 7.1% per annum for July - September 2025.

Benefits Of SBI PPF Calculator

The PPF calculator SBI monthly provides various benefits, which include:

• Exact estimation: The SBI PPF calculator provides accurate calculations, aiding a user in getting an accurate assessment of an investment's growth and maturity amount.
• Saving time: Manual calculations are often time-consuming and error-prone. A user can save time and effort by utilising the SBI PPF calculator.
• Easy adjustments: Adjusting the amount invested on the SBI PPF calculator allows a user to explore alternative investment situations. This will enable an individual to make informed decisions based on financial objectives.
• Goal-focused planning: The SBI PPF calculator assists a user in aligning the PPF investments with financial objectives. Users may also benefit from a clear visualisation of possible profits and work strategically to address their financial objectives.
• Realistic return expectations: The PPF calculator SBI Bank significantly assists in setting realistic expectations concerning a PPF return as it displays near-exact figures. Eligibility Criteria for Opening a SBI PPF Account

To open a PPF account with the State Bank of India (SBI), one needs to fulfil a few requirements, which are mentioned below:

• Citizenship: An applicant must be an Indian resident and citizen. Non-resident Indians (NRIs) are not eligible to open a PPF SBI account.
• Age limit: Those above the age of 18 can open a PPF account. A minor, along with their legal guardian or parents, may also open an account in the minor's name.
• Maximum accounts: Only one PPF account per subscriber is allowed. An individual is not authorised to open more than one account unless they are a parent or guardian who has previously opened an account for a child.
• Initial deposit: To open a PPF account, an individual has to make an initial deposit of about Rs 500, which can go up to 1.5 lakh.
• Duration: The PPF investment has a mandatory 15-year maturity tenure. However, after the mandatory maturity tenure, it is possible to extend the account up to a period of 50 years. This offers versatility for long-term investment strategy.